First Steamship Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 05:04 pm EDT
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First Steamship Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,214.806 million compared to TWD 2,141.422 million a year ago. Operating income was TWD 45.395 million compared to TWD 422.842 million a year ago. Net loss was TWD 227.718 million compared to net income of TWD 139.343 million a year ago. Basic loss per share was TWD 0.36 compared to basic earnings per share of TWD 0.22 a year ago. Diluted loss per share was TWD 0.36 compared to diluted earnings per share of TWD 0.21 a year ago.
First Steamship Company, Ltd. is a Taiwan-based company principally engaged in sea transportation businesses and the operation of department stores. The Company operates through two segments. Sea Transportation segment is engaged in the provision of international transportation services of bulk cargo and ship chartering services. It focuses on cereals, ore sands, coal and fertilizer, among others. Ships under the Company include Ever Blossom, Ever Shining, Ever Excellent and Ever Leader, among others. Department Stores segment is engaged in retailing businesses in Mainland China. It provides apparels, jewelry products, cosmetics products, footwear products, sports supplies and home appliances, among others.
FIRST STEAMSHIP CO., LTD. 
